As Chevy Chase real estate experts, we’re always looking for market indicators to suggest whether the market is favoring home sellers or home buyers. We look at a variety of factors, including average list price, median sales price and price per square footage. Another indicator we look at is the days that a home spent […]
Great news for interested home sellers in Chevy Chase, MD and throughout the country: The price for single-family homes has increased in 88 percent of the country’s cities! That’s according to third quarter data recently discussed in a Bloomberg article. Experts are saying that the increase is directly attributed to buyers competing for limited inventories […]
The housing market is on the mend and is not as grossly out of whack as it has been in years past, according to a recent USA Today article. Evidently, housing markets across the country are reporting that more homes are coming on the market and asking prices are leveling out. This all means that […]
Home prices in both the United States and Canada have steadily been increasing over the last several months, according to recent housing market data. Evidently, CoreLogic Home Price Index recently reported that U.S. home prices have increased in nearly all major cities, and were up 12.4 percent year-over-year in August. Meanwhile, in Canada, home prices […]
Home prices in the United States and Canada have steadily been increasing over the last several months, according to recent housing market data. Evidently, CoreLogic Home Price Index recently reported that U.S. home prices have increased in nearly all major cities, and were up 12.4 percent year-over-year in August. Meanwhile, in Canada, home prices are […]
More home builders are committing to projects across the nation, according to a recent Associated Press article. In May, home builders applied for permits to build single-family homes at the fastest rate in five years. This is a crucial improvement for the real estate market, including the Washington, DC area housing market, because it will […]
The National Association of Realtors recently released some data that is sure to be encouraging for anyone thinking about selling a home. Evidently, existing home sales increased for the second month in a row in May to a level that is significantly higher than last year. What’s more, median home sales prices saw double-digit year-over-year […]
If you’re a current home owner living in the Washington, DC Metro area, and you’re wondering whether to enter the market, we’re here to tell you that now is a great time to do so! Here’s the top reason why Washington, DC home owners should list their home right now: Home prices are on the […]
The national housing market continues to show great gains lately, according to recent data from the Standard & Poor’s Case/Shiller home price index and other national sources. Despite some setbacks like rising mortgage rates, the housing market is on an upward swing. Just Consider These 3 Indicators: 1.) more sellers are listing their homes 2.) […]
